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> The Climate-Industrial Complex
impala454
post May 21 2009, 07:54 PM
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http://online.wsj.com/article/SB124286145192740987.html
Very interesting article on the WSJ about how people are raking in the cash over climate change hysteria
QUOTE
The world's largest wind-turbine manufacturer, Copenhagen Climate Council member Vestas, urges governments to invest heavily in the wind market. It sponsors CNN's "Climate in Peril" segment, increasing support for policies that would increase Vestas's earnings. A fellow council member, Mr. Gore's green investment firm Generation Investment Management, warns of a significant risk to the U.S. economy unless a price is quickly placed on carbon.

...

U.S. companies and interest groups involved with climate change hired 2,430 lobbyists just last year, up 300% from five years ago. Fifty of the biggest U.S. electric utilities -- including Duke -- spent $51 million on lobbyists in just six months.

...

Spain has been proclaimed a global example in providing financial aid to renewable energy companies to create green jobs. But research shows that each new job cost Spain 571,138 euros, with subsidies of more than one million euros required to create each new job in the uncompetitive wind industry. Moreover, the programs resulted in the destruction of nearly 110,000 jobs elsewhere in the economy, or 2.2 jobs for every job created.

I wonder how many scientists are getting paid off to have the "correct" opinions too...
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impala454
post May 25 2009, 09:09 PM
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Every time I see this money being spent I think of it in terms of how many shuttle flights we could be flying... $789 billion would let us fly nearly 400 more shuttle missions. In terms of current budget levels, it would run NASA as a whole for 40 more years.
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